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15-07-2020
Mathematics

contestada

Samatha received $500 as a graduation present and decides to invest it in an account that is
compounded continuously. How much will be in the account at the end of 5 years if the interest
rate is 3%?

Respuesta :

sesarnam sesarnam

16-07-2020

Answer:

Step-by-step explanation:

m= month

3÷100= 0.03

0.03×500=$15

$15/m

$15×5×12=$900

$500-$900=

Answer: -$400

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